Splitwise vs Wise
Splitwise
splitwise.com
Wise
wise.comSide by side
| Figure | Splitwise | Wise |
|---|---|---|
| Price from | Free | Free |
| Free plan | Yes | Yes |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | — |
| Plans published | 8 | 1 |
| Spec score · Peer-to-Peer Payment Apps | 8.8 (#3) | 8.1 (#13) |
| Founded | 2011 | 2011 |
| Free plan | Yes | Yes |
| Headquarters | Providence, Rhode Island, USA | London, United Kingdom |
| Integrations | Pro transaction import connects a credit or debit card to show recent purchases for splitting, and the site says this feature is currently available only in the US. | Wise says it has partnered with companies including Monzo, Bolt, and GoCardless to provide their customers international banking services. |
| Purpose | Splitwise organizes shared expenses and IOUs so friends, family, housemates, and trip groups can track who owes whom. | The Wise app lets people send money, receive payments from abroad, check exchange rates, pay bills, and send money to loved ones. |
| Security | Splitwise says it uses technical and administrative security measures, including encryption techniques and authentication procedures, to protect online sessions. | Wise says it safeguards customer money separately from its own and uses two-step authentication to protect accounts and transactions. |
| Support | Splitwise lists email support and says it aims to reply to most support requests within one business day. | Wise says its customer support is available by email, live chat, and phone, 24/7 in English and in 14 other languages. |
Plans
Splitwise
- Individual + Trip PassPrice not published
- Duo + Trip PassPrice not published
- Monthly subscriptionPrice not published
- FreeFree
- FreeFree
- Splitwise Pro monthly$4.99 a month
- Splitwise Pro annual$39.99 a year
- Splitwise ProPriced on request
In their own words
Splitwise
Splitwise organizes shared expenses and IOUs for friends, families, housemates, and trip groups. Users can divide costs equally or unequally, including by percentage or shares, while the service calculates balances and can simplify debts among group members. It includes recurring expenses, offline mode, and cloud sync, and lists support for more than 100 currencies. Pro adds currency conversion using current foreign exchange rates, receipt scanning, itemization, charts, graphs, and expense search. Users can record cash or online payments; Splitwise Pay supports sending payments to friends in the United States. Pro transaction import connects a credit or debit card to show recent purchases for splitting, a feature currently available only in the US. Splitwise is available on Android, iOS, and the web, and offers an API for authorized third-party access. Expense details are visible to the friends or group members they are shared with. The free plan costs nothing and includes unlimited expenses, groups, friends, and balances. Splitwise says its expense and payment records are informal and not legally binding.
Wise
Wise is a money app for sending money, receiving payments from abroad, checking exchange rates, paying bills, and sending money to loved ones. It sends to bank accounts in over 140 countries; delivery on many popular routes is within a day, the same day, or instant. Wise says it uses the mid-market exchange rate and displays fees before payment. Signing up is free, with no subscription; sending and conversion fees vary by currency and start from 0.33%. Sending to another Wise account has no sending fee, though conversion fees may still apply. Transfers can be funded with Apple Pay, Google Pay, cards, or bank transfer. Users can track and schedule transfers, repeat previous transfers, and receive live exchange-rate notifications. Wise says it safeguards customer money separately from its own and uses two-factor authentication to protect accounts and transactions. Photo ID may be required for some currencies or large transfers. The app is available on Android, iOS, and web.